Hayes corp has 370 million of common equity with 8 million


1) Hayes corp. has 370 million of common equity, with 8 million shares of common stock outstanding. If Hayes' market value added (MVA) is 160 million, what is the companies per share stock price?

2) Sylvan Inc. has 1,250,000 common shares outstanding. The market price at the end of 2008 was $21.752 per share. Balance Sheet has total assets of $60 million and total liabilities of $37,162,500. What was Sylvan's MVA for 2008?

3) For 2011, bargain basement reported $11 million operating income and had an operating profit margin of 15% the company has $12.5 million of investor-supplied net operating capital, the wighted average cost of that capital (the WACC) was 8% and the income tax rate was 30%. What was the firm's EVA during 2011?

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Financial Management: Hayes corp has 370 million of common equity with 8 million
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